The Manchester United icon recently parted ways with the club after 29 years, both as a player and a coach, and will come out of retirement to play in the inaugural edition of the tournament.
Paul Scholes and Michel Salgado have already been confirmed as participants in the league, while Ronaldinho has been announced as the marquee player in the league.
The Brazilian icon has been without a club since leaving Fluminese in September of last year and has twice visited India for promotional campaigns.
Crespo, meanwhile, has played for the likes of Chelsea and both Milan clubs, and was sacked by Serie B side Modena in March of 2016, after serving as head coach.
The 41-year-old was due to play in West Bengal's Premier Soccer League (PSL), a league which collapsed before it began.
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